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Prosperous & Creative Soul & MFW Year 3

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Comments

  • beanielou
    beanielou Posts: 98,927 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Love that. 
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger.
    One debt remaining. Home improvement loan. 20 months left.
  • MovingForwards
    MovingForwards Posts: 17,178 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    Hopefully you'll exchange tomorrow and have a settled weekend packing.
    Mortgage started 2020, aiming to clear 31/12/2029.
  • TallGirl
    TallGirl Posts: 6,475 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Fingers crossed for exchange tomorrow then it’s all systems go hopefully  
    Moved to Denmark for FIRE by Aug 2025 “May your decisions reflect your hopes not your fears”
    New diary aiming for fire https://forums.moneysavingexpert.com/discussion/6414795/mortgage-free-now-aiming-for-fire#latest

  • beanielou
    beanielou Posts: 98,927 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Positive vibes for the morra. 
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger.
    One debt remaining. Home improvement loan. 20 months left.
  • KajiKita
    KajiKita Posts: 9,833 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 26 January 2024 at 5:59AM
    That sounds like it is going well. Perhaps aim to get the report done today and then you can ‘pack’ work away until it is all done! 
    Fingers crossed for exchange today! 🤞🤞🤞

    KK
    As at 17.03.26:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £219,071
    - OPs to mortgage = £17,793 Estd. interest saved = £9,021 to date
    c. 16 months reduction in term
    Fixed rate 3.85% ends October 2030

    Read 23 books of target 52 in 2026 as @ 28th March. 
    Produce tracker: £59 of £400 in 2026

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • jwil
    jwil Posts: 23,303 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Fingers crossed for exchange.  Packing seems to be going well.
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • savingholmes
    savingholmes Posts: 29,139 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thanks KK and Jwil

    Apparently buyer's deposit now in place. My stuff is all ready to exchange - my seller's solicitor just needs to confirm they are ready to exchange and if so it's all go for this afternoon.

    I now need to sort my home insurance and send her a copy and updated bank statement so I get my remaining £ on the day.

    I also need to sort out my utilities, broadband etc.

    KK - I'll do the report later and over the weekend. I had such disturbed sleep that I only got up at 11. Apparently some of the fence panels blew out which is part of why it was so noisy. Handyman has been and propped them back for now.

    Looking at what's left to pack - I possibly didn't need the extra packing boxes but I can always use them flat packed to help protect a bunch of my paintings and then bubble wrap around that. I've found a couple more lids for my see through boxes so that's positive.

    The handyman has been and taken 4 pieces of furniture, surf boards, 3 boxes of stuff etc and is coming back for the bike. I need to tell him about some outside stuff when he returns.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £169.8K Equity 37.1%
    2) £2.4K Net savings after CCs March 26 (but owed £1.1K) so £3.5K
    3) Mortgage neutral by 06/30 (AVC £36.2K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 42.1£127.5K target 33% 27/2/26 (If took bigger lump sum = 64K or 50.1%)
    4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
    5) SIPP £5.2K updated 16/1/26
  • jwil
    jwil Posts: 23,303 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hope exchange goes through ok this afternoon!  Glad Handyman has been as well.
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
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